In the pre-investment studies stream, $5.9 million of grant funding has been awarded to 8 electricity projects to undertake pre-feasibility and pre-investment activities. The recipients are investigating projects with the potential to deliver 2,100 MW of on-demand electricity in NSW and leverage almost $2 billion in private investment. OMPS is assessing the commercial, engineering and operational potential of a location near Armidale in the Northern Tablelands region to build a hydroelectric storage site. This project aims to provide substantial energy firming and system security services.
The views expressed herein are not necessarily the views of the NSW Government. The NSW Government does not accept responsibility for any information or advice contained herein.